In the News

Achievement Awards Still Deductible—Within Limits—Under Tax Act, SHRM

February 15, 2018

Morgan Lewis partners Mary Hevener and Jonathan Zimmerman, along with associate Anna Pomykala, were quoted by the Society for Human Resource Management on how the Tax Cuts and Jobs Act treats tangible personal property. Our lawyers commented that the joint congressional committee responsible for finalizing the bill stated that "no inference is intended that this is a change from present law and guidance."